i was once donald, now i'm deirdre. i, in the years after that i felt there was something more that i needed to look into. so i went to the catholics, i didn't like that. i went to the opposite, the unitarians who pray to whom it may concern, and i didn't want like that. and then i found apingly cannism -- anglicanism, we call it episcopalianism. and it was just, it suited me very well. it's kind -- in fact, right from the beginning of anglicanism, even henry the viii but certainly after him, the anglying cans, the church of england viewed itself as the middle road between roman catholicism and puritanism. and that suits me. >> host: what is it about it that suits you? >> egg -- >> host: is it the customs? the beliefs in. >> guest: well, the belief is very good, let's talk about that. but it's, it's the whole spirit of the anglican church i like. it's -- [laughter] we're called, in the united states we're called the frozen chosen because in virginia especially the upper chat and in new york for that matter, the upper cl

. >> the rhetoric of economics, and why liberalism works >> host: deirdre mccloskey gun in your moscome in your most re, why liberalism works, you write that the west side of chicago should be a heigh high first commercial at diggity. >> guest: because then people would have jobs other than dope sellers and can because once it was before the highly segregated history of chicago extended to the west side there were lots of factories and jobs, and now because of regulations of various, it's not. it's just a free zone. there are some by the sheer act of will kept th take to the strn good condition. >> host: use a regulations. give an example. >> guest: business in chicago in most places in the united hates it's worse than brazil or egypt. it takes months. it's hard to do. you've got to get permits and a business license to braid hair, a famous case. to earn a living breathing hair you need a state license. why should people have to jump 'rough these hoops to start a business? in the 50s and african-american and urban communities, southside of chicago there were lots of successful businesse

this month, each economic scholar and retired professor, deirdre mccloskey. here's just a sampling of the 23-24 books that she has written. beginning with "the bourgeois era" in 1998. "the rhetoric of economics". how to be human. the bourgeois virtues, dignity and equality came out in 2006, 2010 and 2016. economical writing, the 30 edition came out last year. as did her most recent, "why liberalism works". and we've quoted a little bit from that. we will put the phone lines on the screen if you like to participate. for those of you who live in the east and central time zones, 202-748-8201 for the mountain and pacific time zones. you can also send a text message. just include your first name in your city. 202-748-8003 is the number two text into. we will also scroll through our social media sites because you can make a comment on facebook or twitter or by email. as well. we will get to those quickly. first of all, what is this piece of paper i'm holding up here? >> i'm a kind of engineer at heart. i like to note magnitudes. what is it magnitude? which i think

mccloskey starting at noon eastern on "in depth," a live conversation with deirdre mccloskey.t recent book is why liberalism works. other titles include the rhetoric of economics and the bourgeois era trilogy. join in the live conversation with phone calls, tweets and facebook messages and at 9:00 eastern andrea bernstein chronicles the trump and kushner families in her latest book american oligarchs. >> the president is a private businessman was extremely adept at fending off criminal investigations so he made sure he understood who his friends were and they understood who he was and he was able to make it work for him. he was never charged in a criminal case. it is interesting to have that background in the rearview mirror, where he is being called to account and there's a public reckoning and in some ways even though he is president he is not able to make things go away as he once did. >> watch featured authors every weekend on booktv on c-span2. our c-span campaign 2020 bus is traveling across iowa ahead of the caucuses asking voters what issues should presidential candida

uber stock is lower by only 8% deirdre bosa has more on lyft.hat should we be looking for and what will the commentary likely be? >> yeah, so i think that everyone from the ride sharing companies is just looking for this path to profitability that we have been talking about forever. the markets are focused on uber. last week moved up its time line will lyft do the same today? i think what's really interesting too is the regulatory impact. remember that word adjusted is very important they're going to take into account their own costs and the new time line didn't take into account regulatory changes because of course guys they're facing a lot of upheaval and potentially massive existential changes to the lat form here in california with that ab-85 gig economy law. >> there -- we'll talk about a lot of companies that have gone public that aren't making money. here is one that's having trouble. how soon do they need to do it before the market is going to exact an even bigger price than it has >> the writing son the wall. the signs are already out t

deirdre: people were outraged.: you could match if you were bigger on top, smaller on the bottom, you could mix and match. deirdre: they had to bring it back but right now you can only get those products online and that is not clear whether it will continue. for everybody who wants it, i guess buy now before there's a big tweak. liz: you could argue that a company we profiled several years ago, an upstart, adore me.com, really put victoria's secret on its heels. adore me.com has become a lot bigger and maybe is part of the reason that victoria's secret is in trouble there. thank you, deirdre. >>> closing bell ringing in seven minutes. with the dow down 157, we are looking at a little bit of a rough day for the markets. interestingly enough, the transports have been in the green, but not much else. >>> when we come back, our "countdown" closer. don't go away. you met on an app. delete it. why? he's the one. awww. gesundheit. i see something else... a star... with three points. . . could be a mercedes-benz in your ne

deirdre, what is it? deirdre: codiagnostics. the reason will not surprise anyone. it has just received the ce mark. that means that its product meets health, safety and environmental standards and its products a diagnostic test to detect the coronavirus. not surprising that exactly as you said, the stock has quadrupled since the beginning of the week alone, in a week where we have seen at least the dow so far have its worst week since 2018. you highlighted this as well. as we speak, we are much closer to session lows than session highs. one other bright spot i want to point out, as we head towards the close, 3m. the company does make masks. it's obviously not the only one. but this has been the one dow component that has been steady throughout the day and by steady, i mean bright spot. merck and pfizer at different times have been up. 3m has been up all day, limiting these otherwise dramatic losses. liz: deirdre, and charlie gasparino was just saying an intrameeting cut, meaning a meeting that would be held as an emergency, we are going to talk about that right thi

deirdre used the word context, liz. any context or perspective you would like to add after the last couple days in the market? >> everyone is saying the right things. a, the economy basically is still in intact. the problem we don't know what impact will be from this virus on the world growth outlook. it has been dented by that secondly, i think what really happened today, everyone sort of got very nervous what will happen here at home. so far the administration has taken a very rigorous approach to keeping people out of the country, keeping this virus at bay but you know, we had people from the health administration saying, well gosh, it will come here. we don't know how bad it will get but we have to be prepared to get a lot worse. that was clearly not helpful to everyone's sort of nervous system. connell: sorry to interrupt. i apologize. >> that's okay. connell: this is a big corporate story breaking into "fox business alert," guys, get you guys to react to it on the fly if you like. bob iger just announced that the

melissa: deirdre, thank you. connell: talking about two stories related to china making headlines around the globe. the deadly coronavirus outbreak could be worse than the chinese government is letting on. edward lawrence with more on that this afternoon. reporter: deirdre touched on it. the cases exploded the last 24 hours or so take a look, 60,000 cases worldwide of the coronavirus now. johns hopkins see all the red on the map. 1400 people about have died in china from this. administration sources working on the coronavirus say they believe china has underestimated the number of cases by at least 100,000. also sources say they severely underreported the deaths. sources told me china has not allowed the cdc or the world health organization to the actual site where this started. scientists want to get there. it is important to see exactly how it began and how it spread to be equipped for the next virus. the white house says the efforts were successful in the u.s. to make sure so here. >> the virus is contained in

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let's kick it off with deirdre. >> reporter: a lot of superlatives. closing with the worst week since 2008. look at stocks that pressured the average most. microsoft for two reasons. company says for the current quarter not what they expected. this is very much related to the coronavirus. microsoft gets at least 10% of sales from china. apple moving lower on the dow as well all day. like the bigger picture, going down towards the end. apple last week saying again sales this quarter will be lower due to effects of the coronavirus. one stock i was tracking all day, limiting losses, i don't know if we can say that with 1000 points down is 3 in. a part of what 3m makes are masks. you see the chart. still closing at lows of the session. it closed up better than half a percent. on day like this worth pointing out only one of the 30 to close higher for the day. microsoft in the sales context, they canceled a pretty big event out of abundance of caution. microsoft management was supposed to be in san francisco later this year. facebook also canceling its bigg

deirdre: they certainly are, liz. i just wanted to highlight as well the bigger groups that are weighing on the markets. you covered these amazing point spreads, point moves, but it's energy, industrials, and materials. these are the weakest parts of the market right now. of course, these are the areas where people are betting on global economic expansion. these are the ones that we usually show enthusiasm for. the fact they are the three biggest weights just shows you to what extent the fear factor is present in the markets. you were talking about treasury yields as well. we are seeing records there. 1.31%, that is an all-time level. so this fear factor, very much present. just to leave you quickly with one standout stock which is not a surprise, it's all related to the coronavirus, but if you look at moderna, mrna, that is the ticker, this is a company that has been sending and has already sent actually a trial vaccine which will be meant to treat the coronavirus, to 20 to 25 humans to begin a trial in april. we wil

deirdre bolton has more on the selloff today. deirdre? reporter: the steepest two-day selloff in two years time. the dow closing lower by 880 points in today's session after being higher by 180 points earlier on. so between these two days, monday and tuesday, you have about 1900 point decline. if you look at the stocks that really weighed the most heavily on the average, buying, united health, visa, apple, american express and goldman sachs. they were responsible for half of the dow's declines on tuesday. if you look at the broader markets, they really showed the fear of a potential global economic slowdown. the groups weighed most heavily, energy, materials, industrials. usually investors show enthusiasm for these groups when they think the global economy is expanding. the opposite happened today. another sign of investor fears shows up in the bond market f you look at the 10-year treasury yields they were at all-time low, 1.31%, never-before-seen. liz, back to you in the studio. liz: thank you. that helps consumers in the borrowing cost

liz: deirdre, great to see you. to republican senator marco rubio, now blasting democrats, nancy pelosi and chuck schumer, saying elected officials should not be playing politics with the coronavirus, trying to score points as people are getting sick and dying. look who is here? 2020 democratic presidential candidate, tulsi gabbard the first female combat veteran to run for presidency. the congresswoman of hawaii is war veteran of two tours of duty in the middle east. a major in the u.s. army national guard. served on foreign affairs, armed services, homeland security committees. thank you for your service, congresswoman, welcome. what do you make of political attacks on the president over the response here? >> now is not the time to play politics. the president, leaders in congress, the house and senate, every american we need to come together to treat the situation with the seriousness that it deserves. setting aside partisan bickering when really there is a very real threat to the health, well-being and lives of

thank you very much, deirdre. >>> can we take another look at tesla's stock.is up 38 bucks at $803 a share. it is electric vehicle company and also makes batteries. it has solarcity, the solar installer within its umbrella. another solar company today's "countdown" closer picked back in october. if you had listened that would have sent your portfolio as you can see 92% year-to-date, right? so not a bad picture. new england investment retirement group founder. nick picked solar edge on october 17. the stock is up 34% in total since the very day. we're bringing you back, nick. do you still like solar edge? >> yes. hi, liz, thank you very much for having me back. we still hold stock we think the fundamentals are good as ever. tesla as you're aware has a solar business also. we think the space is a long, long room to run. they're a leader in that space. connell: they're a leader in that space. we know solar has certainly been touchy because china makes a lot of solar panels. we know there have been issues when it comes to trade and all of that. does that have the

deirdre, thanks very much, appreciate it. speaking of apple ceo tim cook weighing in on the virus exclusively to fox business. despite the virus cook is optimistic. >> seems like to me, china is getting the virus under control. if you look at the numbers, they are coming down day by day, by day. i'm very optimistic there. on supplier side. our phones are built everywhere in the world. we have key components in the united states, with key parts in china and so on, so forth. when you look at parts done in china, we have reopened factories. so the factories were able to work through the conditions to reopen. they're reopening, they're also in ramp. i think this is sort of the third phase getting back to normal and we're in phase three of the ramp mode. charles: you can catch the full interview tomorrow at 12 and 3:00 p.m. eastern right here on fox business. of course we're staying up on this volatile market throughout the hour, including what this means for the consumer psyche. speaking of the consumer, how amazon is fighting pr

deirdre? >> good morning, jon shares are trading well above the ipo price.s don't look so bad last night the company beat expectations and showed investors it can return money with a $600 million share buyback while also hitting a key milestone. take a listen. >> by the end of this year, our goal is to become a profitable business on a gap basis. this extend beyond 2020. longer term, we plan to drive accelerated margin expansion as we continue to innovate and extend our platform into new markets. >> yesterday we told you about short seller spruce point capital, which has called dropbox a melting ice cube but with shares up more than 20% today, this short seller is likely licking its wounds. still, guys, i want to underline the questions that remain. drew houston himself admitted there is still work to do. over the longer term, share performance is ugly and the company is adding paid users at a slower pace. they've been plagued by worries over user conversion and competing in a very crowded cloud space as it tries to move up market and captures more of the be

deirdre: not too great, if you are invested in a lot of stocks today.dow was up as much as 180 points in the green earlier. we took a turn and are now down close to 750 points. of course, this follows yesterday, you have been covering this for your entire show so far, of the more than 1,000 point drop. if you look at the sectors that are really weighing the most heavily on the overall market, it shows you how concerned investors are about this potential global economic slowdown. you are going to recognize the sectors. energy, materials, industrials, these are usually these economically sensitive groups that when we're expanding, we show enthusiasm by buying into. these are the ones dragging the most heavily on the markets right now. quick snapshot. back to you. charles: thank you very much. for more, let's build on that as we head into the final hour of trading, want to bring in ken mahoney. david nelson is back with us as well. energy is the number one loser today, down almost 5%. materials, down over 4%, to deirdre's point. some of these other names,

deirdre bosaexplains from one market in san francisco. deirdre? >> the chinese government is tapping their enormous reach to spread critical information and control the outbreak alibaba has more than 700 million users. tencent's wechat has 1.5 billion. for many people, they're an i y indispensable part of their lives and their work it tells users the latest coronavirus numbers and points them to resources like official accounts and latest articles this would be as though facebook's platforms and amazon were harnessed to distribute the latest government information and tools in the case of an outbreak the chinese jingts go a step further. they're helping to track users' health and whereabouts alibaba and financial are exploring a nationwide rule at a rating app to help governments tackle travel. in shanghai, the local transportation authority is asking subway passengers to scan qr codes so they can trace people in close contact with suspected patients what do they get out of this authorities get to tap into the tech giant's networks to harness big

conversation with deirdre michalski. other titles include the rhetoric of economics. join in the live conversation with your phone call, tweets and facebook messages. and after your -- afterward, andrea bernstein on her latest book. >> the president was extremely adept of putting off criminal investigations, so he made sure who his friends were and they understood who he was. he was able to make it work for him. it is interesting to have that where he is being called into account and there is reckoning and in some ways even though he is president, he is not able to make things go away as he once could. >> watch this weekend and every weekend on book tv on c-span2. schedulednt trump is to deliver his state of the union address before congress next tuesday, february 4. sunday, we look back to bill clinton's 1999 state of the union address. preview. >> thank you very much, please be seated. >> members of congress, i have the high privilege of presenting to you the president of the united state. >> thank you very much. >> mr. speaker,, mr. vice president, members of congr

connell: deirdre.the journal's reporting is a big deal for a couple reasons. one of them i was in china. we went to huawei's headquarters and obviously asked the question about this but the answer from huawei said we build the networks. once we do that we're out. we can't even access it essentially. reporting sharing with our allies reportedly gets interested with the argument. uk moved ahead with it. >> one of the ways they moved forward that huawei provides a great price point for their products and relatively stable product. these are issues we have with china. they steal corporate secrets. for all we know huawei may sell us equipment that motorola developed a few years ago. they happened to get their hands on the blueprints. i'm making accusations. i don't have data to back it up. as a hypothetical. connell: as a hypothetical. >> the backdoors, when you leave a piece of network equipment open for law enforcement to access it, it is not necessarily going to be necessarily law enforcement. connell: b

back to you. >> deirdre, thank you.week. >> they sure did i think all eyes will be on what they say and what they reported. although they did beat numbers dramatically the last time the last install, we don't see profitability under -- that is going to be very, very important. >> i mean, the stock is up 8%, so that makers the bar even perhaps higher on what they have to say after the bell. >> mike, you have more on the market internals >> i do. but today market actually looks okay, more than 2 to 1 positive. it's an interesting day. we've had kind of the favorite winning and field lagging for a while. microsoft is off 2% and the field is versus a bit of a bounce as you can see, that trade has been all about sticking with those winners. i also wanted to highlight the real estate sect orr etf it is not because of yields, but because of the cell phone tower reits. if you look at spca, crown castle, they're all up with the investment in 5g with the sprint/t-mo angle. >>> gog to rick santelli. >> thanks, judge we've up two b

. >> next, it's booktv's monthly "in depth" program with author and prover deirdre mccloskey. professor mccloskey's many books include "the rhetoric of economics," the bourgeois era and why liberalism works. >> host: deirdre mccloskey, in your most recent book, "why liberalism works," you write that the west side of chicago should be a hive of commercial activity. why should? >> guest: well, should because then people would have jobs other

deirdre, thanks. >>> coming up, details of the difficulty michael bloomberg could face if he gets electedplain. breaking the mold, burger king touting roena tt whopper on twitter that it is proud of. at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today. don't get mad get e*trade and start trading through the at&t network, edge-to-edge intelligence gives you the power to see every corner of your growing business. from managing inventory... to detecting and preventing threats... to scaling up your production. giving you a nice big edge over your competition. that's the power of edge-to-edge intelligence. find the best instructors in the world, and tie it all together with a world-class software experience. we ended up creating, as you all know, so much mo

deirdre bolton joins us with more. >> that is true, charles.tage point terms, new york lost 1.6% of its population between 2017 and 2018. this according to a career site, zipia. they know which people are filling jobs, they know which people are leaving jobs. based on data they have they know where they're going. new york, new jersey, as you said, these are the two states losing the most people. i want to tell you, charles where they are going. charles: okay. >> so as far as they're going, arizona getting 2.2%. idaho getting 2.1%. utah up 1.8%. not a coincidence two of three of those states, have income tax of 4.9%. little tricky to make one-to-one correlation exactly why people are leaving. some people cite sunshine. some people cite lower cost of living or being near families. the trick when people leave new york or new jersey, they're honestly not going far. some people in new york go to new jersey. some in new jersey go to new york. some to pennsylvania. a lot of people in new jersey going to california. taxes are part of the equation it is

that is the question deirdre bosa is answering. >> according to several people i spoke with, yes, coronavirus will impact those plans to go public this year because as the outbreak raises fears about a downturn in demand for travel, airbnb is particularly vulnerable its global footprint, it's grown to more than 7 million listings in over 200 countries. 2 million people on average stay in airbnbs each night. the company has suspended bookings and offered refunds in several chinese cities including beijing and is monitoring official guidance in other impacted areas in a statement, they're focusing on how do you best support stake holders including their hosts, guests, employees, and community where is they operate. comps, expedia and booking, they have slid 20% and 14% respectively in the past couple weeks. this does not bode well for an ipo. airbnb might have to adjust its own look they want to project more certainty and put their best foot or quarter forward when tapping public markets that is looking increasingly difficult. kathleen smith at renaissance capital notes that valuations in the t

. >> and now on booktv, we're live with author and professor deirdre mccloskey.fessor mccloskey's many books include "the rhetoric of economics," the bourgeois era and why liberalism works. >> host: deirdre mccloskey, in your most recent book, "why

deirdre bolton on housing, very, very important.2020 should be a better year overall for housing than the past few years for more than a few reasons are. you mentioned the january existing home sales data, it did show a decrease from december, but if you look at the year-over-year number, there was an increase of 9.6%. building permits did hit a 13-year high, we got that datapoint earlier this week. strategists say that builders willing to take risk again in the more modest parts of the market because they do think there are buyers at those price points. for the past decade, builders would only really build or take risk at the very high end of the market, but that is about to change. everyone agrees that supply e is the factor holding the housing market back. even the chief economist at the national association of realtors has been speak about this lack of inventory. he says home sales are just moving sideways, not really breaking out higher even though the economic backdrop is favorable. here's why this is going to be a good year f

let's go to deirdre bolton who has been breaking down the market reaction here.all set to tell you about a turnaround for the s&p 500 and nasdaq, but i have been scooped as we just showed our viewers. the s&p 500 and nasdaq now down with the dow. i just want to take the silver lining at least for the dow. we had been down more than 180 points at one point in today's session earlier on. as you can see from your screens, we are down about 77 so we sort of more or less call that half, clawing back up. i want to tell you about the groups that are supporting the markets the most, that is to say limiting the losses. you're looking at utilities, duke energy posting solid results, infotech, applied materials, another corporate story, posting better than expected results, consumer staples, another strong part. but the part of the market that is really weighing and dragging down particularly the dow and s&p 500, they are mostly energy related plays. one in particular, marathon oil, posting very disappointing quarterly earnings as we know, we have seen the prices of oil com

deirdre bolton is at the new york stock exchange.that are getting hit real hard. deirdre: so the three that are weighing down the markets the most are not going to come as a surprise to you. i'm going to take you through the categories. consumer discretionary. in that you have booking.com, a travel site, obviously people not feeling too optimistic about travel at the moment. the cruise lines, we talked about the owner of that "diamond princess" cruise that was quarantined. the owner of that is carnival cruise. that stock is at its lowest point since 2014. you also have energy, obviously the overall sentiment here is that if the global economy does falter, does slow, that is certainly bad for energy related companies and then infotech. so many tech companies, chip companies, apple, amazon, we have heard specifically from those two companies, big tech giants, that they are concerned about supply chains. apple of course saying last week that even sales this quarter would be lower than what the company had previously hoped due to these f

because republicans and we indeed have had conservative economist like deirdre mccloskey on this programmeion, the rule of law, intellectual property rights, which allow great ideas to drive the economy forward." that‘s their contention. why is that a zombie idea? there are several points there. i mean, i actually — so it‘s interesting, there are quite a few people on the left who are sure that inequality hurts economic growth. and i have never been enthusiastic about that case. i think that‘s maybe because i‘d like to believe it, and so i actually try not to lean into ideas that i would like to believe. i think inequality is bad because, first of all, it means that large numbers of people don‘t share in the fruits of economic growth. we‘ve seen stagnation of wages despite productivity growth. we‘ve seen that for several decades. and i would also argue that inequality warps the shape of a society. when you start to have a situation in which there‘s a small group of people who live in a different universe, who don‘t use the public schools, who don‘t use public transportation, who don‘t rely

. >> host: deirdre, every month we have an author on, we ask him or her what -- what they are reading and what some of their favorite books are. your response was a little unique and i'm justt going to read itue out loud, the e-mail that you sent to the producer. what's your favorite books? well i use hundreds of books of year even though i'm giving away my library of 8000 of them to a chinese university next month. i like amber to echo's response when somebody asked him if he had read all of his 30,000 books in his library. no, but it might be the next book i pick up that has the greatest impact. >> caller: that's right, and indeed the one i just started to read last week when i got my new kindle reader, my eyes are failing so it's great that you can make the print larger. is forever flowing, that i mentioned by i think i can't remember his first name. anyways grossman. he was at' soviet communist who fought against the germans and then became a liberal for which he was sent siberia. but it's a good book. >> host: forever flowing we're gonna show show it on the screen here. oostay. >

the company's call about to get under way, the stock is up nearly 13% deirdre bosa is out in san franciscowe should know they're finally back above that ipo price of $21 it comes down to what the ceo just said. the company is looking toward a key milestone. have a listen. >> by the end of this year our goal is become a profitable business this also extends beyond 2020. longer term we plan to extend marginal, as we extend into new markets. >> we should note that's gap profitability not ebitda that's a less meaningful metrics for other -- it also came in a bit better than expected however, some big questions do remain he admitted there's still work to do. but as you can see, this is a significant sequentially decline from the 400,000, 500,000 net adds in previous quarters. as dropbox is priced to move up, attract more paying corporate customers, it's running into stiff competition. and on the consume es guys as well >> good stuff there. we learned the ceo is a street, not the city it was a hideous chart it was a $42 stock a year and a half ago. >> this move from 16 to 21 1/2 or so, good for

deirdre give me a sense of the mood will you please? >> the mood talking to traders and sometimes people on the phone, people running hedge funds, one distressed debt fund manager traded more in the past 45 minutes than in the past four months. it shows you the level of engagement and you were just talking to jonathan hoenig about the possibility of a fed rate cut. there are a lot of people who down here say, that would be one point of certainty for the market, for sentiment, would at least backstop some of the selling. let's face it, we'll not have any conclusive information in the near term about the coronavirus, about which vaccines work, about which ones don't, about the difference between people self-isolating and being quarantined. all of that is very uncertain. we know as jonathan hoenig was mentioning, the fed already telegraphed it would be tapering, stopping purchases in the second quarter. that already has some investors, especially in the bond market a little bit anxious. this just piles on. we'll get criticized saying the f

deirdre bolton to break it all down. hey, deirdre.l, tell your kids to go to medical school. if that is one takeaway, there it is. the top 10 paying jobs are all in medicine. here is the list. we'll show you the highest ranking to the lowest. anesthesiologist tops it. call out that particular one. you see the average salary, 267,000 per year. if you scroll through to the second slide that we made you, basically even jobs five through 10, you still need to go to medical school. so you mentioned that. the cost of medical school and that is really a big piece of the puzzle because four years of med school at a public institution costs $250,000 for four years and we'll remind everybody, that is on top of whatever you paid for your bachelor's dee dee agree. four years of med school cost on after many $230,000. and a bachelor's degree. many doctors spend a decade paying off costs. interesting point, median american annual salary $49,000 a year. a point of comparison worth making. neil: it that is amazing. thank you very much. rod blagojevic

we go to trading floors with deirdre bolton at new york stock exchange. selling act separate -- accelerating into close what happened. reporter: we close down on the dow, it was 1191. the most in history biggest point drop for the dow, biggest point draw for s&p 500, they are in correct territoryy, off 10% from the most recent high. traders tell me, there is no good news to have made this market pivot, there is nothing about vaccines that is conclusive, if you look at the dow, biggest, microsoft, and intel and you had apple. apple and microsoft, saying they will be affected, their sales this quarter by the coronavirus. microsoft gets 10% of its revenue from china and apple 17%, one bright spot on the dow, only stock higher today, 3m, they make face masks, they are telling we hear -- selling we hear on a dre market, boxes going for dollars 500, a company saying it reported 14 million dollars in sales, normally a box of masks should cost between 3 to 5 dollars. and if you look at groups on s&p 500, all 11 closed lower, not one bright spot there. and a backd

neil: thank you very much, deirdre. most americans saying they are better off than they were certainly three or four years ago. why is the guy helping to provide that environment tight in the polls? after this. begin to tell you... how bright you shine. how strong you are. how brilliant... unique... how you're... my rock. my diamond. for the diamond in your life, there's only one diamond store. it's the valentine's day sale. get 25% off everything. including these special deals. at zales, the diamond store. neil: oh, this could be interesting. the new york governor andrew cuomo meeting with the president of the united states tomorrow. they will try to hammer out compromise on the global entry access. the governor wants it back for new yorkers, president wants other things. blake burman at the white house. reporter: the heart of the meeting set to take place tomorrow between president trump and new york's governor andrew cuomo and the president and the trump administration desire to crack down what it sees as sanctuary c

deirdre? >> shares of ebay popping 2.3% today and headlines of dow jones saying that it could be moving towards a sale of the classified unit and could be roughly $10 billion. says that firms including tpg and black stone expressed interest and citing sources. and also saying that initial indications of interest for the classifieds unit due in march. this, of course, comes after ebay sold off the stubhub unit and undergoing a strategic review spurred by activist investors taking a stake in the company. shares move up, nearly 3% right now. >> this comes after the new york stock exchange parent company expressed interest in all of ebay, right? >> that's right. it's a transformation over the last year, particularly since eliot took that stake and putting the emphasis on payments so this is part of ebay trying to figure out what direction it's going and perhaps looking at a sale of some of the businesses, all of the business. >> sure. shares up little less than 3%. thanks. >>> for years falling yi

. >> deirdre mccall skis recent book, white liberalism work, how [applause] >> good evening, everyone. welcome. i'm your events coordinator here and i'm very excited to see you all. before we get started, please silence your cellphone because we're being recorded by booktv, c-span. tonight i'm happy ocruise nathan robinson, founder and editor in chief for his new book, why you should be a social quest. he is in conversation with pete davis. please join me in welcoming pete davis and nathan robinson. [cheers and applause] >> thank you everyone for coming tonight. nathan arrived from new orleans, louisiana. did i pronounce louisiana rate. >> you died. >> how was the flight? >> every was unobjectionable and not noteworthy in and way. >> we're so glad to have you here, how many of you are already socialists? [applause] >> why are we here. >> made my day. >> convinces you of things. wasn't there an original cover where it was like a finger pointing at you? >> yeah. the problem is i think a lot of the audience for this book will be like people who want a book like why you are socialist abou

starting at noon eastern on in-depth, a left conversation with deirdre mccloskey. most recent book " why liberalism works." conversationive with your phone calls, tweets, and facebook messages. , andreaeastern bernstein chronicles the trump and kushner families in her book " american oligarchs." >> the president as a businessman was good at fending off criminal investigations. he made sure he understood who his friends were and they understood who he was. he was able to make it work for him. he was never charged in any criminal case. it is interesting to have that background in the rearview mirror as we go into the impeachment situation where he is being called to account and there is a public reckoning. president hee is is not able to make things go away as he once could. announcer: watch featured authors this weekend and every weekend on book tv on c-span2. on june 8, 1972, an associated press photographer snapped an image of nine-year-old kinfolk who was who was-- kim phuc injured in a napalm attack. she is now the goodwill ambassador for the u.n. composer,ton a

deirdre: they certainly do. the theme parks business, that is the number two revenue driver for that entire company and as we know, marvel characters are particularly popular there. they are going to be hit by that indeed. i want to mention, though, just for all the investors,bob iger took criticism for his pay. if you bought, when he became ceo in 2005, you would have more than 400% on your money. stuart: i didn't buy. deirdre: neither did i. we are all sitting here not on a yacht somewhere. he did a very good job and even among his peers is recognized as one of corporate america's, this generation's, one of the best ceos bar none. stuart: i would emphatically agree with that. he's one of the best ceos of his generation. that's saying something in america. got it. john lonski with me. here's something i don't understand. i'm told demand to get into these parks, just to visit these parks, anywhere in the world, is astronomical, very very strong. but they are very expensive. doesn't that suggest that people have

for elizabeth warren and joe biden a tough night, died deirdre bolton looking at purpose counties.r: we have mayor pete, really very close to senator sanders, these two counties, all night, they are 50% of the result. of the muscle we'll see. not that we really need it but to compare with fewer candidates than last night, senator sanders just had this clean sweep. 60-40 last premier, but with just one another candidate, it is a different dynamic, and according to fox voter analysis, voters told us that when they decided this week, so-called late deciding voters, they broke for one of two candidates, they broke either for mayor pete or they broke for amy klobuchar. so interestingly enough that is the pattern on the larger board. people who took time, one in one direction and one in the other, a quick look at other areas, this northern part, sanders is holding on to for moment, this area has been suffering most, we talk about how new hampshire is a strong state, economically with the industries that are represented throughout the nation. and if you look at just average household inco

neil: thank you, very much, deirdre. markets are certainly worried about this virus. 2020 could cause a worse scenario for the markets. take a look. >> i think that frankly until the election is over our market is phenomenal but our market will jump thousands and thousands of points if i win. if not, you will see a crash like you never seen before. neil: thousands and thousands of points if i win. saying if someone else wins, not thousands and thousands of points. blake burman from the white house. reporter: we heard president trump make that prediction before, if a democrat were to end up in the white mouse in 2021 the stock market would crash, however what was notable this time around is that he made that assessment overseas as he was speaking to business leaders in india earlier today. now the comments of course came after that 1000 point selloff on the dow yesterday due to coronavirus fears. this morning before the market opened up the president was very cognizant of what was taking place in the premarket hours, watc

starting at noon eastern on in-depth a live conversation with deirdre mccloskey her most recent bookeralism works. other titles include the rhetoric of economics and the bourgeois era trilogy. join in the live conversation with your phone calls for tweets, and facebook messages. at 9:00 p.m. eastern on "after words" andrea bernstein chronicles the trump and kushner families in her latest book "american oligarchs". >> where the president as a private businessman was extremely adept at sending off criminals investigations. he made sure that he understood who his friends were and they understood hugh he was. he was able to make it work for him. he was never charged in any criminal case. it's interesting to have that background sort of in the rearview mirror as they go into the impeachment situation where he's being called to account and where there is a public reckoning and where in some ways even though he's president he is not able to make things go away as he wants could. >> watch featured authors this weekend and every weekend on booktv@c-span.org on c-span2. >> on our offer intervi

deirdre bolton with the latest. what happens now?orter: bob iger is stepping away from the day-to-day running of disney but he will remain executive chairman through 2021. he has done 81 earnings calls, neil, he wants to concentrate on the pipeline. i personally heard iger say on the conference call, stream something disney's number one priority. he could not be clearer on that, and that is really war the bulk of his responsibility is heating up. disney plus which launched successfully. going head-to-head with netflix, apple prime video and streaming companies services. insiders told me iger's presence of executive chair is why bob chapek could be chosen. i asked media analyst rich greenfield why iger is making the move now? he had a very brass tacks take. listen the parks are ace tag a massive global crisis. studio faces a tough comparison. headwinds against espn are accelerating. maybe the best is behind, it is easier if bob iger steps out now. what i will say for people a little bit more optimistic on the future, disney's future.

back to you. >> deirdre, thank you.almost 40% over the last 12 months. >> they had a rough run. there was a bit of activist noise and all the rest of it >> is this a scenario you like >> yes, in fact, this is our favorite sector coming into the year we haven't changed the thesis. what we're looking for is companies that can continue to earn through economic weakness and through even sort of doubts about the global landscape. >> but on the economic weakness, don't these companies get hurt if enterprise intending goes down and if businesses get a little jittery when it comes to upgrading their software or systems? >> so that's a key point we have to look for. we know investment has been weak, but software investment has been the exception to the rule it's been the construction and equipment that have been weak. so if software investment seems like it's heading down because companies aren't spending any money to upgrade their infrastructure, that's going to hurt the sector for sure. >> energy clearly in the eye of the stor

we have lou dobbs, dagen mcdowell, charlie gasparino and deirdre bolton, all here for the full hour.to talk about all the subjects in the news. melissa: a-team, you got the a-team. i'm not giving up any wine. >> we call it the dream team but you can call it the a-team. connell: that will be a nice calm show i'm sure. wealth tax beware, details on exodus from high-taxed states. ♪. which most pills don't. flonase helps block 6 key inflammatory substances. most pills only block one. flonase. attacks for wealthy, a new study showing four out of five states with the slowest population growth also have a graduated income tax. now illinois wants to join the club. jeff is in chicago with the details. jeff: i am walking what i guess is the rodeo drive chicago, oak street here. a lot of fancy shops in all piping. he's of the folks that bear the burden if the new amendment to the old constitution goes into effect which would implement a graduated tax. you mentioned the slowest growing states, look at the fastest growing states. put those up there. utah, texas, colorado, florida. what do they al

deirdre bolton at new york stock exchange. reporter: neil, we're negative on the dow and awfulally close on s&p 500. we need to hit 107 lower to completely wipe out the gains from 2020. let me tell you some groups. you covered some weighing on these markets. if you look at any tech-related stocks down across the board. so you have chipmaker stocks, micron, qualcomm, nvidia, texas instruments are weighing on sector most heavily. yet you have tech overall. we've been talking about amazon and apple. apple saying last week sales this quarter would be less than what the company forecast because of disruptions to the supply chain. apple gets 17% of its revenue from china. amazon we reported this morning, actually it was "the new york times," amazon is sending out somewhat urgent emails to some of the companies that supply it for amazon's prime day. you may say, neil, who cares, that is in july? in 2019 amazon locked billions of dollars in sales. sold 175 million items in that 48-hour period, the most, if you like profitable two-day